I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...
Sorry noob question regarding refinancing. I searched the "browse forums" and did not find an answer. I'm not understanding how the refinance works at maintaining cash flow. What I mean by that is for example say a...
I started renting the home my family and I presently live in 5 years ago.Never being late on a payment I started getting forms delivered to my house that stated an auction was to be held for the property.I notified th...
What should we expect tax season if we paid off investment property this year, and how can we minimize the tax bill on the income of paid off rentals?
Hey Everyone. My wife bought her house in Maryland in 2004. She used a downpayment assistance program through the county. I moved in, in 2010 and we got married in 2012. Last year, we decided to move to California...
So I just got off the phone with my broker and she mentioned that after my down payment the loan looks to be too small. She said that the loan will have to have a higher apr. She mentioned to get a higher loan and pay...
Hey Everyone, I was just informed by my Wells Fargo guy that they are no longer doing renovation loans (as of June apparently). Are there any other major lenders that still do that type of loan? And I don't mean like ...
Long story short, my wife and I found a great deal on a duplex that would easily cashflow $600+ each month. After viewing both units and talking it over, we decided to go for it. However, when we talked with our lende...
Can anyone recommend a bank or lender who does heloc loans on investment condos in New Jersey . Thanks
Hey folks, I'm looking to tell their story for an upcoming brand new book for BiggerPockets. I would like to find people in the BP community who have used any of the following methods to buy RENTAL properties: Home Eq...